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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?


To: S. M. SAIFEE who wrote (49562)10/26/1999 1:59:00 PM
From: DJBEINO  Respond to of 53903
 
Micron Technology Reiterated Short-Term 'Outperform' at Gruntal
10/26/99 7:33:00 AM
Source: Bloomberg News


Princeton, New Jersey, Oct. 26 (Bloomberg Data) -- Micron Technology Inc. (MU US) was reiterated short-term ''outperform'' by analyst Mona E. Eraiba at Gruntal & Co. The long-term rating was also reiterated ''outperform.''



To: S. M. SAIFEE who wrote (49562)10/26/1999 2:56:00 PM
From: John Graybill  Respond to of 53903
 
62 1/2 looks like The Price That Shall Not Fail today. Well, as of 12:39, when somebody bought 100K shares at 62 7/16. Haven't seen a bid below that for more than like three trades in a row since then.

I'll keep 61 3/8 in mind. Sure drew a lot of moths to that flame earlier. There's a lot of hesitation at 63 and around 65 before we would see 68-70. My shorts will be tied up in knots if we make it that far any time soon. :-)

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CPQ earnings after the close. Kinda sounds like the analysts are gonna give these guys a pass no matter what horrors the balance sheet holds. "It's already reflected in the stock price", blah blah.